On Aug. 9, President Biden signed the CHIPS and Science Act. Much of the focus has been on how the money will affect the semiconductor industry, but the legislation is also intended to revitalize American competition in other science and tech industries.
- The funding would be “pretty transformative” for agencies, said Mitch Ambrose, science policy writer for the American Institute of Physics, but there is concern in the research community that Congress might not follow through on appropriating it, as it is currently only authorized.
- The law sets ambitious growth targets for agencies like the National Science Foundation, the Department of Energy and the National Institute of Standards and Technology, said Ambrose.
- The push for this increased funding goes back to the George W. Bush administration, he said.
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